Trading Edges That Last
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Lawrence's Comment Recap Bearish drift to new low below Y-1. Tight range. Closed below midpoint. Outlook To go long we need a confirmed bottom, B+1 has to be taken out with B-0 acting ...READ MORELawrence's Comment Recap Wedge broken to the upside, retest the wedge resistance trend line from above. Strong bounce up to first swing resistance and stalled. Closed the week below Y-1 and near ...READ MOREIntraday Cycle Projection (GBPUSD) 2022-03-18AUDUSD Feb 27 to Mar 03 Outlook3DP Odds Table (GBPUSD) 2015-01-15Precog Vision – Forex 2020-10-1Intraday Cycle Projection (GBPUSD) 2013-11-12USDJPY Jul 25 to Jul 29 OutlookAUDUSD Oct 06 to Oct 10 OutlookUSDCAD Jul 22 to Jul 26 OutlookIntraday Cycle Projection (GBPUSD) 2013-08-07Intraday Cycle Projection (GBPUSD) 2018-07-27
As Featured In
GBPUSD Feb 09 to Feb 13 Outlook
Lawrence’s Comment
1-2-3 rejection of Y-1 on 4 hour sent cable back up to above Y+1. Minimal pullback and another push to Y+2 before cable can stop. Closed the week above Y+1 and midpoint.
Outlook
Potential daily swing low in place for cable. Y-0 / Y+1 whole zone is now support. As long as cable can hold onto its gain above Y-0, it has a good chance of going higher to B+2 and above.
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